​_____ Determines Whether the Expected Benefits Associated with a Project

question 51

Multiple Choice

​_____ determines whether the expected benefits associated with a project outweigh the expected costs sufficiently to make the project financially attractive.

• A) ​Economic feasibility
• B) ​Technical feasibility
• C) ​Legal feasibility
• D) ​Operational feasibility

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Definitions:

Predicted Amount

A rephrased term for predicted values, indicating the numerical estimates generated by a predictive model.

Simple Linear Regression Model

A statistical method for understanding the relationship between two continuous variables by fitting a straight line to the observed data.

Y-Intercept

The point where a line or curve intersects the Y-axis of a graph, often representing the initial condition or value when all other variables are zero.

Regression Model

A statistical approach to modeling the relationship between a dependent variable and one or more independent variables.